Trump Administration Proposes Borrowing Limits for Some Student Loans

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Trump Administration Proposes Borrowing Limits for Some Student Loans
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The White House is calling on Congress to limit how much graduate students and parents of undergrads can borrow, aiming to contain college costs

White House officials publicized the proposal as part of a broader set of ideas it is urging Congress to adopt as lawmakers undertake a rewrite of the Higher

Education Act, a 1965 law that governs student loans. The law hasn’t been reauthorized since 2008, and Democrats and Republicans agree it is due for an overhaul...

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